According to Craig McNaughton, the area director for Lloyds TSB Commercial, asset refinancingis becoming an increasingly viable option for small businesses in the UK, and in particular engineering re-finance and printing re-finance. Thanks to the stabilisation of...

Printing Re-finance

How printing re-finance works

To understand the level of re-finance available for a business's assets, it is important to assess the 'stress' (forced-sale) value of those assets. printing re-finance lenders loan cash on an 'asset lend' basis, where the lending is secured against the value of the assets. A free, quick desktop valuation of a business' assets is enough to confirm the total level re-financing that will be available.

Printing re-finance has little impact on how the bank perceives its risk position. Financial institutions rarely consider working assets when determining their security position against other lending and may seek to reduce any unwanted exposure, particularly with capital such as overdrafts.

Although the perceived risks to lenders in this sector are reflected in the level of the interest rate, the rewards that a printing re-finance loans can provide for businesses will outweigh any cost associated with it.

Printing re-finance can provide a quick cash flow boost

Because printing-refinance funding can be delivered in a matter of days, as opposed to weeks or months with traditional bank loans, cash is available quickly and loan periods can last for up to 5 years. However, there is a prerequisite for business owners or Directors to provide an unsupported guarantee before any funding is allocated.

Business will usually consult with their financial partners and their bank's Relationship Manager before committing to an asset-refinancing agreement. Of course, these partners may be unwilling or unable to provide support these businesses if they ascertain that their owners' undeveloped asset wealth is already self-funding.

To understand how much capital you could raise from your own business assets contact us today.

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We can deliver a free desktop valuation of your tangible business assets which may determine how much cash you can raise for your business.

All we will require is a list of your business assets including:

MakeModelDescriptionAgeMiles/hours workedCurrent estimated value

For a free initial consultation please send us your details and we will contact you for a chat.

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